209 lines
5.5 KiB
Plaintext
Executable File
209 lines
5.5 KiB
Plaintext
Executable File
sport
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othersports
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olympics
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london2012
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3537029
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-----
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# Olympic funding cuts could see Team GB plunge at London 2012 Games, claims
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BOA
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## Funding cuts to Olympic athletes due to be announced this week could see
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the British team drop as low as eighth in the 2012 medal table according to
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the British Olympic Association, who yesterday called on Prime Minister Gordon
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Brown to honour the commitments to sport he made as Chancellor.
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By Paul Kelso, Chief Sports Reporter 9:00PM GMT 30 Nov 2008
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[Comments][1]
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UK Sport are expected to announce significant budget cuts this week after
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talks with the Treasury over filling a £100million hole in their £600million
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budget ended in failure.
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The shortfall, which will see a number of sports dropped from UK Sport's top-
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level programmes, comes after the Department for Culture, Media and Sport
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failed to attract private investors to the project.
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An increase in anticipated Lottery ticket sales has reduced the £100million
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shortfall to £79million and there are suggestions that the Government may find
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another £20million, but there is no expectation that the Government will
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underwrite the rest.
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The Treasury's intransigence has dismayed many as UK Sport were unequivocally
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told to budget for the full £600?million announced by Brown in 2006.
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In his penultimate budget as Chancellor he pledged to provide an additional
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£300million in funding in the build-up to 2012. Brown said the exchequer would
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provide £200million, with the additional £100million coming from the private
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sector.
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In August the Government announced a fund-raising proposal 'Medal Hopes' but
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there is little expectation it will raise significant funding.
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Yesterday Lord Moynihan, chairman of the BOA, said the Treasury's own figures
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demonstrated that the anticipated cuts could see Team GB unable to meet their
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target of fourth in the London medal table, which would match this summer's
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performance in Beijing.
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According to Moynihan the cuts will see core funding to governing bodies drop
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from £44.3million a year, the amount the Treasury agreed would be sufficient
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to secure fourth place, to about £29million, which was forecast to deliver
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eighth place.
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"This funding cut effectively means that the Treasury accepts we are now
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targeting eighth in London 2012," he said. "UK Sport and Culture Secretary
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Andy Burnham have worked exceptionally hard on this, but it appears the
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Treasury has decided to make a cut that will damage British athletes and their
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chances of producing great performances in front of their home crowd in 2012.
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"We are not calling for additional funding - we realise that the economic
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climate is tough - but we are calling for the Government to honour its word
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and for the Prime Minister to honour what he promised in 2006.
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"UK Sport has always been told to budget for the full £600million, so whether
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it comes from the public sector, Lottery sales or the private sector is
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irrelevant.
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"The athletes deserve better, particularly in view of their amazing
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performance in Beijing."
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[What are these?][3]
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* Share: [Share][2] [ ][4] [ ][5]
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[Tweet][6]
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http://www.telegraph.co.uk/sport/othersports/olympics/london2012/3537029
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/Olympic-funding-cuts-could-see-Team-GB-plunge-at-London-2012-Games-claims-
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BOA-Olympics.html
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Telegraph
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## [London 2012][7]
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* ### [Sport »][8]
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* ### [Olympics »][9]
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IN SPORT
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[![Sir Steve Redgrave][10]][11]
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### [Olympics email: sign up][11]
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[![Olympic Stadium - London 2012 Olympics competition schedule][12]][13]
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### [London 2012 interactive schedule][13]
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[![Sir Chris Hoy - London 2012 Olympics tickets guide][14]][15]
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### [London 2012 tickets Q&A][15]
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External Links
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* ### [British Olympic Association][16]
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[X][2] Share & bookmark
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Delicious Facebook Google Messenger Reddit Twitter
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[What are these?][3]
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Share:
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* [ ][2]
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* [ ][4]
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* [ ][5]
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* [Tweet][6]
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* OLYMPIC IMAGES
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Latest images from the Olympics and the London 2012 Games.
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Advertisement
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![][17]
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telegraphuk
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Please enable JavaScript to view the [comments powered by Disqus.][18] [blog
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comments powered by Disqus][19]
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[![London 2012 Olympics][20]][9]
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Advertisement
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sponsored features
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Loading
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Olympic features
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[![London 2012 Olympics: 20 questions with Nicole Cooke][21]][22]
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### [20 Questions][22]
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Team GB road cyclist **Nicole Cooke **talks to Telegraph Sport
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### [Olympics countdown][23]
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[![][24]][23]
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**426 days to go**
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> Theodosius II ordered the destruction of all Greek temples in AD 426. <p>
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### [Send us your view on the Olympics][25]
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[LONDON 2012 Sport Guides »][26]
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### [Olympics sport-by-sport guide][9]
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* [Archery][27] | [Athletics][28] | [Badminton][29]
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* [Basketball][30] | [Boxing][31] | [Canoe Sprint][32]
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* [Canoe Slalom][33] | [BMX Cycling][34] | [Mountain Bike][35]
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* [Road Cycling][36] | [Track Cycling][37] | [Diving][38]
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* [Equestrianism][39] | [Fencing][40] | [Football][41]
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* [Rhythmic Gymnastics][42] | [Artistic][43] | [Trampoline][44]
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* [Handball][45] | [Hockey][46] | [Judo][47]
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* [Modern Pentathlon][48] | [Rowing][49] | [Sailing][50] | [Shooting][51]
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* [Synchronised Swimming][52] | [Swimming][53]
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* [Table Tennis][54] | [Taekwondo][55] | [Tennis][56]
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* [Triathlon][57] | [Indoor Volleyball][58] | [Beach Volleyball][59]
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* [Water Polo][60] | [Weightlifting][61] | [Wrestling][62]
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Classified Advertising
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